The US Dollar trades a touch higher after PPI data comes in stronger. Traders are keeping US interest rates elevated in the assumption less rate cuts from Fed. The US Dollar Index trades above 102.50 and struggles to break above […]
Crude Oil unable to find support and sinks again. Markets are looking at developments in the Middle East, with President Biden set to speak to Israel’s Prime Minister Netanyahu. The US Dollar Index is printing a fresh September high and
Crude Oil dives lower for second day in a row with Biden and Netanyahu set to talk Read More »
Crude Oil rallies 2% on Monday with Biden administration verbally pushing back on targeting Iranian oil fields. Markets are pricing in even more risk premium, with uncertainty ruling now over Israel’s next step in this escalation. The US Dollar Index steadies
Crude Oil rallies on more risk premium added over Israel’s next steps in escalation Read More »
Crude Oil eases a touch while over 8% of gains are set to be locked in for this week’s performance. US President Joe Biden said on Thursday talks are ongoing with Israel on whether it may attack Iranian oil fields.
The US Dollar jumps higher after a massive positive Nonfarm Payrolls print. Tensions in the Middle East together with further pared bets of big Fed rate cuts are fueling safe-haven inflows to the Greenback. The US Dollar Index moves higher
Crude Oil trade over 1% higher on Thursday as traders look at the escalating conflict between Israel and Iran. Traders sent Oil prices higher after Iran sent ballistic missiles into Israel as retaliation for the Lebanon ground incursion. The US
Crude Oil ticks up off this week’s low and refrains from testing more downside for now. Markets are looking for direction after the news that Saudi Arabia is giving up its price target of $100 per barrel and mulls an
